Where to state the "income of share of income received from a partneship firm" in ITR -4?
2 Replies
CA Ravish Trivedi
(The Possibilities are Infinite...)
(772 Points)
Replied 05 September 2008
It is fully exempted income in the hands of partners.
Sangam
(CA)
(1329 Points)
Replied 04 October 2008
as it is taxable on individual basis it is not taxable thereafter. double taxation notallowed.
Recent Topics
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
Related Threads
CAclubindia
